After raising nearly €60 million in 2025, London’s Sokin bags additional €83 million for its payments platform

January 28, 2026 at 12:25 PM UTC
EU-Startups
Original: EN
After raising nearly €60 million in 2025, London’s Sokin bags additional €83 million for its payments platform

London-based Sokin has secured a substantial €83 million long-term debt facility from Oxford Finance LLC, signaling continued investor confidence in the European fintech sector. This significant capital injection is earmarked for aggressive international expansion, aiming to establish a stronger presence in North America, Asia, the Middle East, and South America. The funding will also be instrumental in acquiring additional regional licenses and forging crucial banking partnerships, bolstering Sokin's global infrastructure. The investment underscores a strategic push towards embedding payment solutions directly into business workflows, addressing a growing market demand for seamless, integrated financial operations. Sokin’s CEO highlights the need for companies to offer comprehensive payment and treasury systems, moving beyond add-on functionalities to become essential infrastructure. Furthermore, the capital will support the development and launch of new product features, including advanced embedded payment capabilities, enhancing their comprehensive offering. This development aligns with broader trends in the European fintech landscape, where substantial funding rounds are being seen, albeit with a more selective allocation. Companies like Germany's Mondu and Amsterdam's Klearly have also recently secured significant financing for their respective B2B payment and restaurant payment systems. These investments collectively represent a significant flow of capital into the European payments infrastructure, with debt facilities supporting established B2B platforms and equity rounds backing more specialized, regulatory-driven innovations.

Curated and translated by Europe Digital for our multilingual European audience.

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Publication: EU-Startups
Published: January 28, 2026 at 12:25 PM UTC
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